An Uplist Play to Uplift Your Portfolio : pennystocks


Background

Blackboxstocks, Inc. ($BLBX) is a fintech company running its own hybrid platform that provides real-time proprietary analytics and news for traders. It also has integrated social media features (think Ortex meets Robinhood meets Stocktwits).

BLBX uses AI to detect market instability and unusual market activity that may result in a rapid modification in the price of a stock or option is referred to as a ‘black box’. Their system continuously scans various indices such as the NASDAQ, CBOE, NYSE, and so on with its predictive technology, analyzing over 8,000 stocks and over 1,000,000 options agreements multiple times each second. 

This is not a trading platform per se, but more of a complementary service that provides signals to traders to execute on whatever trading platform they are comfortable using. Below is a screenshot of their setup.

Does this look complex af? Kinda. That’s because BLBX’s technology integrates with TradeStation. Don’t know what TradeStation is? Same. Turns out it’s a trading platform with over 140,000 users and typically reserved for professional traders. Y’know – the people who charge 2 and 20 to underperform the S&P.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

This platform appears to be somewhat popular on reddit. If you’ve used it, I’d be interested in hearing your feedback (leave a comment below).

This morning, BLBX announced the following initiatives for 2022 and beyond:

Audio Broadcast Upgrade: We have been working on upgrading and enhancing our audio broadcast capability and the corresponding chat features. Our goal is to provide for additional rooms and channels as our community continues to grow. We released the interim version of this upgrade in December. We expect the full production version of this upgrade to be released by the end of January.

Native Mobile Apps for iOS and Android: We are in the final stages of internal testing before we release a beta version of our new native apps. We are confident that we will recreate the robust user experience that we offer our desktop users with these new apps, including the audio broadcast feature that is so popular within our community. We know offering these apps is imperative for the continued growth of our user base now that so many new traders are back at work post-pandemic and we’re excited for their launch.

Expansion of Development Team: The recent capital raise has provided us with the ability to source and acquire additional developers. We intend to double the number of developers and engineers on our team in the coming months. We plan to add experts in the areas of UI/UX Design and Trading Analytics, as well as additional engineers and developers. Increasing the size of our development team will allow us to add new features and products more quickly to better serve our members and drive revenue.

A Growing Fintech with Cash on Hand

BlackBoxStocks has managed to acquire subscribers in 42 countries over the past 5 years. The company had a 422% growth in user base from 2019 to date. They have 6,000 active paid subscribers per their recent press release. As many as 37% of these subscribers have an annual plan which indicates that the company’s product is solid and the expected churn is low. The management expects the subscriber base to go up to 20,000 by 2022. The current subscriber base is currently generating an annual revenue run-rate of close to $6 million already.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

As of December 14, 2021, the company projects that it will hit the high end of its Q4 2021 revenue guidance. This is record revenue for the company.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

With the company’s latest offering on November 12, they have about $12 million on hand to fuel future growth. This also means that dilution threats are minimal.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

Just this morning, the company had the following to say about 2021 and 2022:

We had a banner year in 2021!! We reported record revenue in the first three quarters of the year. We also provided guidance for full year revenue for 2021 to be in a range between $5.94 and $5.98 million, 76-78% ahead of 2020. Revenue growth was driven by significant membership growth which grew to and surpassed the milestone of 6,000 paid subscribers in December 2021. While we are very proud of these achievements, it is important for our shareholders to understand that we have our sights set much higher. We believe we can improve on our current growth trajectory as well as continue to enhance the quality and scope of our product.

We appreciate all of you and believe strongly that we are just getting started and 2022 will be another banner year for Blackbox!

Floats/Shorts/Options (Numbers n’ Stuff)

(As of November 16, 2021)

Shares Outstanding: 12,935,272

Restricted Total: 8,381,940

Unrestricted Total: 4,553,332 (As of January 3, 2022, there were 3,650,274 shares of BLBX stock on deposit with the Depository Trust Corp. (DTC).)

Ortex Data (January 4, 2022): Peep the 100% share utilization

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

The short aspect of this play is rather strange. CTB is around 1.8% whereas utilization is at 100%. Frankly, I’m not sure how to reconcile this. This suggests to me that if this $BLBX takes off, there will be limited ammo for shorts to thwart momentum. Looking at IBKR, there are currently 10K shares available. The number of shares available peaked at 65K on November 16, 2021.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

There are no options for this; sometimes boomer shares are the way to go.

Uplisting Play to Uplift Your Portfolio

On November 12, 2021, $BLBX uplisted to the NASDAQ concurrently with an offering. The closing price that day was $4.14.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

As you can see, ahead of the uplisting, the stock essentially ran from $3 to $8. Here is where I think there is a play. In 2019, someone decided to do the leg work for this play and look at how uplisted stocks generally perform. Specifically, they looked at all uplisted stocks for 2017 and 2018 and monitored their performance. The results of this study are summarized in the table below.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

If we assume the above to be true, this means there is a 78% chance that $BLBX makes a new all-time high (52w high is $8.00) by May 12, 2022 (read: within 6 months of up-listing). (See Column 3) However, the average gain post-uplist is 48% ($6.13). (See Column 4) 

Since this is a fintech stock, the following table is also helpful. 

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

Based on the above, $BLBX could experience an 84% increase from its uplist price as it makes a post-uplist 52-week high of $7.62. (Column 3)

The CFO bought 89,000 shares at $4.69 on November 19, 2021. You’re getting a better deal than 119,000 of the 123,000 shares bought by insiders in November post up-list.

r/pennystocks - $BLBX - An Uplist Play to Uplift Your Portfolio

TL;DR

  • Growing fintech helping apes trade better. 

  • Record Revenue.

  • Low float. 

  • Short Utilization at 100%.

  • Recent insider buying.

  • Up-listed stock with 78% chance of moon by May 12, 2022.

  • PT is up but for people who like numbers…idk maybe like $6.13 to $8+?

Disclaimer: This post is not financial advice. Please do your own due diligence.



Source link



Leave a Reply